(Getty Images)
Closing Bell: Today’s biggest small cap movers on the ASX
News
share
A quick wrap of the key winners and losers on Wednesday, May 13.
Data is taken after the market closes at 4pm EST.
Stocks highlighted in yellow made market-moving announcements during the day.
| Code | Company | Price | % Change | Volume |
|---|---|---|---|---|
| SBR | Sabre Resources Ltd | 0.003 | 66.67% | 27.84M |
| CDT | Castle Minerals Ltd | 0.008 | 60.00% | 38.34M |
| MPW | MSL Solutions | 0.053 | 51.43% | 2.46M |
| PGO | Pilot Energy | 0.016 | 45.45% | 90.00K |
| RGL | Riversgold | 0.011 | 37.50% | 15.56M |
| TRL | Tanga Resources Ltd | 0.019 | 35.71% | 44.87K |
| VAR | Variscan Mines Ltd | 0.016 | 33.33% | 778.85K |
| MCT | Metalicity | 0.004 | 33.33% | 1.38M |
| REX | Regional Express Holdings | 1.19 | 32.22% | 1.32M |
| ABT | Abundant Produce | 0.019 | 26.67% | 164.08K |
| DDD | 3D Resources Ltd | 0.003 | 25.00% | 12.86M |
| PUR | Pursuit Minerals | 0.005 | 25.00% | 678.61K |
| ACB | A-Cap Energy | 0.015 | 25.00% | 538.81K |
| MNC | Mint Payments | 0.005 | 25.00% | 387.46K |
| XTC | Xantippe Resources | 0.003 | 25.00% | 2.67M |
| VRS | Veris | 0.03 | 25.00% | 180.00K |
| MIO | Macarthur Min | 0.21 | 23.53% | 173.42K |
| PKO | Peako | 0.011 | 22.22% | 6.20K |
Systems operator MSL Solutions (ASX:MPW) was among the leaders, are investors approved of its trading update this morning.
The company, which provides communications networks for the sports, leisure and hospitality sectors, said despite the impact of COVID-19 there had been no material change to recurring revenues in its two main business channels.
Domestic airline Regional Express (ASX:REX) also rose strongly, on news it may look to take advantage of the turmoil in Australia’s aviation sector and expand its offering to capital city routes. Stockhead’s Nick Sundich has more here.
Among the losers, CML Group (ASX:CGR) fell sharply after a potential takeover offer from Scottish Pacific Group Limited fell through.
In terminating the agreement, Scottish Pacific issued a notice which “set out its concerns that events may have occurred which constituted a material adverse effect on CML’s business”, the company said.
| Code | Company | Price | % Change | Volume |
|---|---|---|---|---|
| EER | East Energy Resources | 0.003 | -50.00% | 9.96K |
| CGR | CML Group Ltd | 0.3 | -40.59% | 8.27M |
| APC | Austpac Resources NL | 0.001 | -33.33% | 20.85K |
| MGT | Magnetite Mines | 0.001 | -33.33% | 7.34M |
| FGO | Flamingo | 0.001 | -33.33% | 996.50K |
| PSC | Prospect Resources Ltd | 0.063 | -30.00% | 464.81K |
| SRN | Surefire Resources | 0.003 | -25.00% | 1.85M |
| RMX | Red Mountain Mining | 0.003 | -25.00% | 15.63K |
| RXH | Rewardle Holdings Ltd | 0.003 | -25.00% | 100.00K |
| BAS | Bass Strait Oil Co Ltd | 0.002 | -25.00% | 1.70M |
| PWY | Parkway Minerals Part | 0.003 | -25.00% | 54.60K |
| GED | Golden Deeps Ltd | 0.009 | -22.73% | 12.69M |
| KGM | Kalnorth Gold Mines | 0.007 | -22.22% | 1.39M |
| ENE | Enevis | 0.04 | -20.00% | 12.46K |
| IDZ | Indoor Skydive AUS Group | 0.004 | -20.00% | 2.20M |
| JXT | Jaxsta | 0.042 | -19.23% | 28.09K |
| ABV | Advanced Braking Technology | 0.02 | -16.67% | 350.21K |
| PAK | Pacific American Coal Ltd | 0.01 | -16.67% | 87.90K |
| IVR | Investigator Resources Ltd | 0.011 | -15.38% | 2.66M |
